Senegal recorded a trade deficit of 106.80 CFA Franc Billion in March of 2019. Balance of Trade in Senegal averaged -139.80 CFA Franc Billion from 2009 until 2019, reaching an all time high of -27.93 CFA Franc Billion in February of 2011 and a record low of -236.90 CFA Franc Billion in January of 2018.

Balance of Trade in Senegal is expected to be -175.80 CFA Franc Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Senegal to stand at -150.00 in 12 months time. In the long-term, the Senegal Balance of Trade is projected to trend around -185.00 CFA Franc Billion in 2020, according to our econometric models.

Senegal Balance of Trade
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-21 01:55 PM Balance of Trade CFA-199.3B CFA-155.7B CFA -170B
2019-03-18 03:30 PM Balance of Trade CFA -123.6B CFA-199.3B CFA-250B
2019-04-10 01:20 PM Balance of Trade CFA -179.8B CFA -123.6B CFA-140B
2019-05-13 08:40 AM Balance of Trade CFA -106.8B CFA -179.8B CFA -160B
2019-06-14 09:50 AM Balance of Trade CFA -106.8B CFA -150B
2019-07-11 09:20 AM Balance of Trade
2019-08-09 01:15 PM Balance of Trade CFA -175.8B

Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -106.80 -179.80 -27.93 -236.90 CFA Franc Billion [+]
Current Account -708.00 -498.00 -81.70 -843.70 XOF Billion [+]
Current Account to GDP -5.30 -7.10 -5.00 -20.10 percent [+]
Exports 203.30 171.10 203.30 53.19 CFA Franc Billion [+]
Imports 310.10 350.90 524.40 114.49 CFA Franc Billion [+]
Capital Flows -719.50 -1.50 1851.70 -719.50 XOF Billion [+]
Terms Of Trade 121.50 123.90 141.90 -550.00 Index Points [+]
Terrorism Index 1.01 1.80 3.88 0.04 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Senegal Balance of Trade

Senegal’s growing mineral production has not been able yet to reverse a systemic trade deficit. Senegal is a net exporter of oil, phosphate, gold and fish. However, the country is dependent on the import of fuels, foodstuffs and capital equipment. Senegal’s main trading partners are: Cote d’Ivoire, Mali, France and the United States.. This page provides - Senegal Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-106.80 -179.80 -27.93 -236.90 2009 - 2019 CFA Franc Billion Monthly

Country Last Previous
Argentina 1183.00 Mar/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.39 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1429.00 Mar/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2352600.00 Mar/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19